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Shiba Inu

Shiba Inu coin was created anonymously in August 2020 under the pseudonym "Ryoshi." According to its whitepaper, Shiba Inu was created with the intention of creating a "100% community-led" cryptocurrency. Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin's Srypt-based mining algorithm. Shiba Inu is widely considered to be a "memecoin" due to its high volatility and network effect, driven by influential commentators like Tesla CEO Elon Musk.

The cryptocurrency Shiba Inu was created in August 2020 by an anonymous person known as "Ryoshi."

Shiba Inu aims to be a 100% community-led, decentralized cryptocurrency which seeks complete independence from centralized authorities and takes pride in that it was not founded from an existing community. 

SHIB exists on the Ethereum blockchain because Ryoshi viewed it as a well-established, secure, and decentralized network that would allow the Shiba Inu project to be developed with zero outside regulation. 

Shiba Inu aims to be the Ethereum-based counterpart to Dogecoin’s Scrypt-based mining algorithm. 

When SHIB was created, 1 quadrillion tokens were minted. SHIB’s founder sent 50% of the total supply to Ethereum co-founder Vitalik Buterin, who then burned 90% of his holdings by sending the tokens to a dead blockchain address. Buterin said he’d donate the remaining 10% to charity. 

The remaining supply, which wasn’t sent to Buterin, is locked in Uniswap, which is a decentralized finance protocol used to exchange cryptocurrencies. 

The Shiba Inu community considers the crypto to be a "Dogecoin Killer" because it has the ability to top its memecoin rival's market cap without ever crossing the $0.01 mark. 

Shiba Inu is widely considered to be a memecoin due to its high volatility and potential risk, as well as its network effect, driven by influential commentators like Tesla CEO Elon Musk.

Bitcoin

Dogecoin

Ethereum

Dogecoin (CRYPTO: DOGE) was on a tear Monday night as the global cryptocurrency market capitalization rose 1.04% to $2.16 trillion.

It's A Doggie-Dog World: Dogecoin Leads The Major Crypto Pack Above Bitcoin, Ethereum; Shiba Inu Tops List Of Gainers

After pulling data from Benzinga Pro the following is the list of top crypto gainers and losers at the time of publication:

Ethereum, Axie Infinity, Shiba Inu Among Top Crypto Movers In 24H

One of the biggest gainers in the cryptocurrency space in 2021 has been Shiba Inu (CRYPTO: SHIB). The coin is gaining interest on social media and Google, which could be a positive event along with increased availability of the cryptocurrency.

Shiba Inu Coin Trends On Twitter, Google: Will SHIB Reach 1 Cent?

The price of Dogecoin (CRYPTO: DOGE)-inspired cryptocurrency Shiba Inu (CRYPTO: SHIB) has surged 16.6% over the past week, outperforming the rival meme cryptocurrency's gain of almost 4.4%.

Shiba Inu Surged Almost 17% Over Past Week, Outperforming Dogecoin

The era of dog tokens in crypto looks as if it could be approaching an end, based on the declining levels of social engagement around them.

Are Dog Tokens Losing Ground? Data Shows Declining Social Interest In Shiba Inu, Dogecoin

Dogecoin (CRYPTO: DOGE) is trailing rival meme cryptocurrency Shiba Inu (CRYPTO: SHIB) in terms of 24-hour price gains. What Happened: SHIB traded 3.84% higher over 24 hours at $0.0000075, while DOGE was down 1.47% at $0.22 in the same period.

Why Is Shiba Inu Outperforming Dogecoin Today?

Coinbase is continuing its recent spree of listing new crypto assets by adding support for a popular Dogecoin (DOGE) copycat. The exchange's newest addition is Shiba Inu (SHIB), a meme token that aims to be an Ethereum-based alternative to DOGE. The 47th-ranked asset by market cap was trading at $0.00000000008 on January 1st. In part […] The post Crypto Asset That Surged More Than 8,600,000% This Year Now Listed on Coinbase appeared first on The Daily Hodl.

Crypto Asset That Surged More Than 8,600,000% This Year Now Listed on Coinbase

Meme cryptocurrency Dogecoin's (CRYPTO: DOGE) rival Shiba Inu (CRYPTO: SHIB) has overtaken Reddit-favorite Clover Health Investments Corp. (NASDAQ: CLOV) in terms of market capitalization, while eyeing the market capitalization of e-commerce company ContextLog

Dogecoin Rival Shiba Inu Overtakes WallStreetBets-Favorite Clover Health In Market Cap, Eyes Wish Stock Next

Cryptocurrency exchange Huobi announced a "massive airdrop" of Shiba Inu (CRYPTO: SHIB) for its users.

Want To Get Shiba Inu For Free? Here's How You Can

Coinbase Global Inc.'s (NASDAQ: COIN) trading platform Coinbase just listed Shiba Inu (CRYPTO: SHIB) following the

To The Moon! Shiba Inu Lands On Coinbase

While the dogecoin's token price has floundered during the last seven days, the meme-coin's rival shiba inu (SHIB) has moved up the ranks in terms of weekly gains. Dogecoin has shed 5.8% during the last week, but shiba inu has spiked 21.3% during the course of the week and 21.1% in the last 24 hours. […]

Dogecoin Rival Shiba Inu Spikes in Value While DOGE Prices Flounder, SHIB Jumps 21% in 24 Hours

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

Will Shiba Inu Or Dogecoin Rise More By 2022?

The addition of Shiba Inu to Coinbase comes a week after it became available on Coinbase Pro.

Dogecoin Knockoff SHIB Hits Coinbase, Price Spikes 11% in an Hour

The CEO of Tesla, Elon Musk shared a picture of a Shiba Inu pup and said “Floki has arrived” to his 59.8 million Twitter followers. Of course, the tweet affected the price of a few specific meme-based crypto assets that leverage the “Floki” name. Shiba Floki Token Soars After Elon Tweets an Image of His […]

Elon Musk's New Puppy Tweet Sends Shiba Floki Token Soaring, FLOKI Jumps More Than 900% in 24 Hours

Following Dogecoin's surge, a seemingly endless supply of copycat coins has been doing the rounds.

Floki and Shiba Tokens Surge After Elon Musk Tweets Photo of His New Dog

Dogecoin (CRYPTO: DOGE) has been outpaced over the last 90 days to press time on Friday by a rival meme coin. What's Moving?

This Rival Meme Crypto Has Outperformed Dogecoin In Last 3 Months

Coinbase Global Inc.'s (NASDAQ: COIN) professional trading platform Coinbase Pro just listed Shiba Inu (CRYPTO: SHIB).

To The Moon? Coinbase Pro Lists Shiba Inu

Crypto exchange Coinbase is attempting to add the memecoin Shiba Inu to its Pro exchange for the second time. The post Coinbase Pro adds memecoin Shiba Inu, following on from Dogecoin appeared first on The Block.

Coinbase Pro adds memecoin Shiba Inu, following on from Dogecoin

Meme cryptocurrency Dogecoin's (CRYPTO: DOGE) popularity has led to a surge in demand for the Shiba Inu breed of dogs but it also has breeders worried about the rising cases of mistreatment, abuse and abandonment of the dogs, Coin Riv

Dogecoin Has Caused Demand For Shiba Inu Dogs To Skyrocket And Breeders Are Worried About Rise In Cases Of Mistreatment, Abuse, Abandonment

In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin's massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific meme-crypto called “cake monster” has jumped 112% […]

Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 800% in 7 Days

Solana

A prominent crypto strategist and trader says he's expecting Dogecoin, Solana and one more altcoin to ignite huge rallies while Bitcoin and Ethereum take a breather. The pseudonymous trader, known in the industry as Pentoshi, tells his 291,000 Twitter followers that Dogecoin (DOGE) is poised to rally to $0.42 after taking out resistance at $0.23 […] The post Dogecoin, Solana and One More Altcoin Could Ignite Big Rallies While Bitcoin and Ethereum Cool Off: Top Crypto Analyst appeared first on The Daily Hodl.

Dogecoin, Solana and One More Altcoin Could Ignite Big Rallies While Bitcoin and Ethereum Cool Off: Top Crypto Analyst

SHIBA INU (CRYPTO: SHIB) rose over 3% in the early hours of even as major cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) declined.

Why Is Shiba Inu Bucking The Trend, Outperforming Bitcoin, Dogecoin Today?

Shiba Inu (CRYPTO: SHIB) is trading higher Monday as the crypto market moves higher. It is one of Dogecoin's (CRYPTO: DOGE) main meme crypto competitors.

Shiba Inu Breaking Resistance? Doesn't Seem So Far-Fetched Now

Shiba Inu (CRYPTO: SHIB) soared nearly 21% for the week leading up to press time. What's Moving?

Why Is Shiba Inu Soaring This Week?

Is meme momentum back in full swing? DOGE's uptick is ahead of the market, while a token burn seemingly gives SHIB a bump.

News for Shiba Inu Crypto (SHIB)